ASIC blasts managed funds' poor compliance plansBY KARREN VERGARA | MONDAY, 2 JUN 2025 12:15PMToo many responsible entities (REs) of managed funds are falling short of their obligations to adequately address design and distribution obligations (DDO), the reportable situations regime and internal dispute resolution processes and reporting (IDR), an ASIC review found, warning that such inadequate compliance plans indicate governance failings. Related News |
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